Elroy Air (Series A+)

Funding Details
Awarder
Gaingels
Date Award
May 24, 2024
Vertical
Space
Funding URL
View Funding Page
Valuation
$225,000,000

Company Info
Founders
David Merrill
Company Description
An aerospace company with a vertical takeoff and landing plane designed for cargo, using a hybrid electric/jet fuel powertrain. Elroy Air is a logistics company that specializes in the fields of logistics, robotics, and air transportation.
Market
Transportation
Coinvestors
SnowPoint Ventures,Precursor Capital,Shield Capital,Lockheed Martin

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